Here are the 10-Q quarterly reports from Digital Asset Acquisition Corp. (DAAQ) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DAAQ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DAAQ filings page.
Digital Asset Acquisition Corp., a SPAC, reported total assets of $180,606,950 as of June 30, 2026, including $180,097,053 of U.S. Treasury investments in its trust account supporting 17,250,000 Class A shares at a redemption value of about $10.44 per share.
The company recorded net income of $1,345,315 for the quarter and $2,384,004 for the first half of 2026, almost entirely from interest on trust investments, while general and administrative expenses rose to $174,058 for the quarter and $600,500 year-to-date.
On January 13, 2026 it agreed to merge with Old Glory Bank at a $250.0 million equity value, creating OGB Financial Company, with a shareholder vote set for August 14, 2026. With a January 30, 2027 deadline to complete a business combination, management states there is substantial doubt about its ability to continue as a going concern if no transaction is completed by then.
Digital Asset Acquisition Corp., a SPAC, reported net income of $1,038,689 for the quarter ended March 31, 2026, driven mainly by interest earnings on its Trust Account. General and administrative expenses were $426,442 as the company incurred public-company and deal-related costs.
Total assets were $179,287,568, including $178,582,550 of marketable securities in the Trust Account and cash of $614,066 for working capital. The SPAC has 17,250,000 Class A shares subject to redemption and 5,750,000 Class B founder shares outstanding.
The company has a definitive business combination agreement with Old Glory Bank to form OGB Financial Company, with closing expected in the second quarter of 2026, subject to shareholder and regulatory approvals. Because a merger must be completed by January 30, 2027 or the SPAC will liquidate, management notes substantial doubt about its ability to continue as a going concern over the next year.
Digital Asset Acquisition Corp. (DAAQ) filed its quarterly report, detailing SPAC-stage operations and cash held for a future merger. The company reported net income of $1,690,631 for the three months and $2,665,323 for the nine months ended September 30, 2025, driven by interest earned on funds in its trust.
Following its April 30, 2025 IPO, $172,500,000 was placed in a U.S. Treasury‑invested trust; the trust balance was $175,466,068 as of September 30, 2025. Class A ordinary shares are redeemable at $10.17 per share as of that date. The company has until October 30, 2026 (or January 30, 2027) to complete a business combination, after which liquidation would occur.
Operating cash was $1,149,892 at quarter‑end, with deferred underwriting fees of $6,900,000 payable only upon a completed merger. Management notes substantial doubt about going concern due to the mandatory liquidation deadline. As of November 14, 2025, there were 17,250,000 Class A and 5,750,000 Class B shares outstanding.